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Energy / Energy-General

Public Vote on Nuclear Power Plant Sparks Debate in Kazakhstan

Jul 05, 2024 at 05:06 | Eurasianet

Kazakhstan’s power sector is at a crossroads, a point where the government wants to diversify and reduce CO2 emissions. Nuclear power is viewed as at least a partial solution to…

China's Economic Recovery Stumbles as Industrial Output Disappoints

Jul 05, 2024 at 04:59 | Metal Miner

Via Metal Miner Clearly, China’s economy is not yet back on the recovery track, as evidenced by the mixed bag of data for May released on…

Uzbekistan's Trade Deficit Widens Despite Increased Trade Volume

Jul 05, 2024 at 04:29 | Eurasianet

The Uzbek Statistics Agency reports that the total volume of trade increased modestly during the first five months of 2024, compared with the same period the previous year. But the…

Aramco Says Reports It is Considering Bid for Australian Santos are Inaccurate

Jul 04, 2024 at 11:19 | Charles Kennedy

Saudi Arabia’s oil giant, Aramco, told Reuters on Thursday that reports it was considering a bid for Australia’s Santos gas producer were inaccurate following widespread publication of a Bloomberg…

Beryl May Threathen Core of U.S. Refining Industry

Jul 04, 2024 at 09:53 | ZeroHedge

The National Oceanic and Atmospheric Administration's (NOAA) National Hurricane Center (NHC) downgraded Hurricane Beryl to a Category 4 storm from a Category 5 on the Saffir-Simpson Hurricane Wind Scale on…

Why U.S. Oil and Gas Production Is Slowing Down

Jul 04, 2024 at 07:03 | Tsvetana Paraskova

Slowing drilling activity in the U.S. shale patch is capping oil production growth while natural gas output is down from year-ago levels amid above-average inventories and unsustainably low prices earlier…

Strong Fundamentals Suggest Oil Prices Will Continue to Climb

Jul 04, 2024 at 06:58 | Irina Slav

Crude oil prices look set to climb higher this week and the rise could extend into the coming weeks as well, analysts are predicting. The question on everyone’s minds: how…

The EU Wants to Send Data Centers Into Space

Jul 04, 2024 at 06:53 | Felicity Bradstock

Artificial intelligence (AI), machine learning, and other energy-intensive technologies are sending the global energy demand sky-high. With an increasing number of tech companies introducing AI software and several industries incorporating…

The U.K. North Sea Oil Industry Is in Decline

Jul 04, 2024 at 06:48 | Felicity Bradstock

The U.K. North Sea oil operations are in decline and even the recent natural gas boom is unlikely to return the region to its former glory. With oil demand expected…

The Future of Oil Demand Is Increasingly Clear as Trends Solidify

Jul 04, 2024 at 06:43 | Irina Slav

In June, the International Energy Agency (IEA) forecast peak oil demand growth in less than six years. Later that same month, the Energy Institute revealed demand is still…

Tech Giants' Power Needs Could Jeopardize U.S. Grid Reliability

Jul 03, 2024 at 10:26 | Tsvetana Paraskova

Soaring power demand for data centers is prompting Big Tech to seek a reliable 24/7 electricity supply from zero-emission sources to keep their green pledges intact. One source in America…

European Reliance on Russian Gas Persists Despite Sanctions

Jul 03, 2024 at 08:33 | City A.M

A British business that trades in Russian liquefied natural gas (LNG) by operating an “unusual ship”, has not been breaching the sanctions put in place after the Russian…

India's Steel Industry Battles Cheap Chinese Imports

Jul 03, 2024 at 08:13 | Metal Miner

Via Metal Miner With a new government in place following the recent general elections, Indian steel manufacturing firms are again clamoring for the imposition of more import duties…

Red States Win Legal Battle Against Biden's LNG Export Restrictions

Jul 03, 2024 at 08:09 | ZeroHedge

A federal court halted President Biden's war on America's energy independence by reversing a temporary moratorium on permitting new licenses for liquified natural gas (LNG) exports. This is a major…

Oil Prices Surge as Geopolitical Risk and Crude Demand Both Rise

Jul 03, 2024 at 07:44 | Editorial Dept

Crude Oil Market: Key Drivers Behind This Week's Price Surge Light crude oil futures have climbed 2.12% this week, driven by a mix of bullish factors. Geopolitical tensions in the…

An Israeli Invasion of Lebanon Could Boost the Russia-Iran Alliance

Jul 03, 2024 at 07:40 | Editorial Dept

Politics, Geopolitics & Conflict If Israel invades Lebanon, Washington fears it will hasten a Russia-Iran alliance, with one geographical part of that scenario already underway in Yemen. U.S. intelligence claims…

How Worried Should Venezuela’s Maduro Be?

Jul 03, 2024 at 07:37 | Editorial Dept

With less than a month before Venezuelan elections, on July 28, incumbent President Nikolas Maduro has told Washington that he is now willing to restart direct talks. If…

Argentina Prepares to Dump Tons of Lithium on an Oversupplied Market

Jul 02, 2024 at 15:37 | Alex Kimani

Over the past decade, Argentina has plowed millions of dollars into the country’s giant lithium deposits with little to show for its efforts. To wit, no new mines have come…

Oil Markets Are on Edge as Hurricane Beryl Barrels Towards Jamaica

Jul 02, 2024 at 08:44 | Michael Kern

Hurricane season is back, and oil markets are on edge as the earliest category 5 hurricane to form at this time of the year moves toward Jamaica.

Can the West Afford to Ditch Cheap Chinese Green Tech Imports?

Jul 02, 2024 at 08:36 | Felicity Bradstock

The United States and European Union are both investing heavily in the development of their green energy and clean technology sectors; to support a green transition and ensure they can…

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